According to new growth theory, technological change is driven by
A) government policies.
B) firms' attempts to increase their profit.
C) random chance.
D) foreign firms' attempts to increase their sales in the domestic market.
Correct Answer:
Verified
Q321: New growth theory predicts that
A) economic growth
Q322: New growth theory economists believe that:
I. Economic
Q323: Which theory emphasizes the significance of new
Q324: In new growth theory, does not experience
Q325: predicts that real GDP per person can
Q327: Which of the following is NOT associated
Q328: According to the new growth theory, firms
Q329: According to new growth theory .
A) knowledge
Q330: A central proposition of the new growth
Q331: New growth theory proposes that real GDP
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